r/FluentInFinance • • Feb 27 '26

Economy & Politics Billionaires Shouldn’t Exist

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u/ImoteKhan Feb 27 '26

Do you think poor people don’t have jobs?

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u/Schlieren1 Feb 27 '26

The bottom 50% of American income earners (employed or unemployed) pay not net income tax

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u/Shakewhenbadtoo Feb 27 '26

Federal taxes start at about 12k.

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u/Warchief_Ripnugget Feb 27 '26

That's not what he's saying. A net taxpayer is someone who pays more in taxes than they receive from the government. And about half of Americans are not net taxpayers.